Namecoin Howto Register | Easy Crypto

Unstoppable domain names is a san francisco-based company…Namecoin Howto Register… that is providing domain extensions that are tied to the blockchain instead of being connected to the dns system specifically you can get a dot crypto which is tied to the ethereum blockchain or you can get a zillow domain name extension which is tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain extensions is just that they are decentralized so the dns system is controlled and operated by icann so anything always needs approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are just totally decentralized so there’s no governing body there’s absolutely nothing that requires any kind of approval or permission you as the owner own your domain so in this video i wish to describe to you everything that you require to referred to as a beginner about unstoppable domain make certain to examine the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain registration actually work i think

people are going to be rather surprised that it’s way more complex and technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not actually purchasing the domain what you’re doing is you’re launching the domain name through a icann licensed domain register why do i state i can certify because you can’t get your domain straight from i can which is once again the nonprofit organization that handles the dns system you need to go through an icann licensed domain register in order to get a domain which’s simply how it works like you’re like why do i need to do that i do not know why asking me those are just the rules and that’s what people have actually been providing for the last couple of years in order to get a domain name so that’s why you need to pay a yearly charge on your domain names since you’re not in fact buying an owning domain name what you’re doing is renting their domain name so you’re going to namecheap.com to get your.com what they’re doing is then they’re going through the computer system registry that manages that domain name extension which is then absolutely handled and organized by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension

Is unstoppable domains on Ethereum? Namecoin Howto Register

is a verisign for example so all these different domain extensions have different computer system registries and the role of the pc registry is simply to manage the administrative data for that specific domain nft domain versus the standard dns system what’s the distinction well the standard dns system is a central system as i mentioned earlier based around icann so you have actually icann you have your domain computer system registries then you have your icann accredited domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it but like what does that particularly imply a non-fungible token is just a piece of data discovered on a blockchain that is verifiable and represents an unique digital product in this instance our domain dot crypto versus dot zill what’s the difference with these 2 so if you jump over to unstoppabledomainnames.com link in the description you’re going to learn that you can’t geta.com.net.org why well you can’t you need to currently type of know why because those are managed by verisign which is a domain name computer registry which is handled by icann that belongs to the dns system that’s why you can’t get those types of domain names through unstoppable domain names you can just get blockchain based domain today they only have a dot crypto in dot zo at the time of tape-recording this video the main difference is that these two are connected to various block chains that’s it so you have Namecoin Howto Register

 

your dot crypto which is tied to the ethereum blockchain you have your dot zill which is tied to the silica block durian blockchain is way more developed and you have a bit more services and features developed around uh at the ethereum blockchain with a dot crypto domain than you make with a dot zill but functionally speaking they are the same personalized crypto addresses that can be set up as a payment entrance so this is the main feature of unstoppable domain names clearly in time as like we have actually decentralized web host establish gradually it will be possible to utilize like a decentralized domain name and a decentralized webhosting to create your own decentralized website currently it’s not truly possible i suggest you can do it however it’s pretty technical uh.

Pros.

One-time purchase of domain.

Streamlines method which people engage with crypto addresses.

Censor resistant domain stored in your wallet.

More functionality than conventional domains.

Supports 276 crypto possessions.

Cons.

Have to invest ETH to claim domain.

Still some question regarding whether Unstoppable Domains will achieve extensive adoption.

Some domains are still pre-sale just.

What is Unstoppable Domains?

Unstoppable Domains was founded in 2018 by Matthew Gould, the present CEO, who saw a need for it to be simpler for users to engage with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that came into place, so users did not have to find out IP addresses in order to get to sites, except for crypto addresses.

In this way they have succeeded significantly, as they have actually created a domain system that allows users to establish payments for 276 digital assets under a single domain, while also being able to be utilized as a totally functioning site that can even have dApps developed onto them due to the fact that the domain is hosted on the blockchain. With no annual renewal and a single payment charges, Unstoppable Domains is an appealing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is exceptionally safe because once declared the domains exist under your address on blockchain, indicating they are as safe and secure as the blockchain itself.

It is two times as safe since this likewise indicates that the domain can not be obstructed by anybody other than you, so your website is never at risk of being down due to censorship. The site for purchasing the domains is safe as well and can be secured with two-factor authentication.

How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends on a 2 primary elements, though it should be noted that buying a domain is a one-time cost and requires no annual renewals of any sort.

The very first factor is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you choose, as cost is based on domain type (. crypto is more than.wallet for example), and the length of the domain name, with much shorter domains costing additional. In addition, there are premium domains that cost tens of thousands.

The next aspect is the gas fees related to utilizing the Ethereum blockchain to declare your domain, due to the fact that the domains are saved on the Ethereum blockchain, the deal to claim them is available in ETH and is not included in your initial purchase. The gas charges you will pay will depend on the existing expense of ETH and the network blockage at the time of the deal. Overall you can get likely yourself a cheap.crypto domain and claim it for under $50 total.

What Are the very best Features of Unstoppable Domains?

There are a few features of Unstoppable Domains that stand out. The fact that it is a one-time purchase without any annual renewal is incredibly attractive thinking about the way conventional domain ownership works, and in addition, the domain is censor resistant, meaning it can not be removed by anybody besides the owner.

The domains also have more functionality than conventional domains since they can be utilized to a payment router, however likewise used to develop websites with dApps constructed directly on them because they exist on the blockchain, allowing the use of wise agreements on your website. Namecoin Howto Register

Possibly the very best and most attractive function of Unstoppable Domains is that is provides you a method to have one address for you to get 276 different crypto possessions, meaning when you set it up you will only ever require to understand your domain and your payments will be routed to the wallets you set up for each cryptocurrency. It is easier not only for you, but for anybody who you want to receive funds from.

 

Prospective Dealbreakers.

There is only one real prospective dealbreaker when it pertains to using Unstoppable Domains, and that is the expense of claiming your domain with Ethereum.

This may only be a dealbreaker due to the fact that you do not have any Ethereum at your address and need to purchase some in order to declare your domain, or if for some reason you believe it is unreasonable to pay the gas charges. This is a one-time deal fee, and unless you decide to sell/transfer your domain to someone else it will be the additional fee associated with getting your domain.